Company: Facebook

Answer must be a page long

This answer must be correlated to Facebook, not Pespi Co.

Question 1:

1. Speak to one significant action or program that your company does that shows their commitment to Corporate Social Responsibility. See Chapter 9 in the class text Ethics, Corporate Social Responsibility, Environmental Sustainability, and Strategy, referencing the section that is titled The Concepts of Corporate Social Responsibility and Good Corporate Citizenship, in particular, Figure 9-2: The Five Components of a Corporate Social Responsibility Strategy. Speak to one of the Five Components your company exhibits. Supply a reference for your research and response.

How PepsiCo Put Its Ethical Principles into Practice PepsiCo is one of the world's leading food and beverage companies with over $65 billion in net revenue, coming from iconic brands such as Lays and Ruffles potato chips, Quaker Oatmeal, Tropicana juice, Mountain Dew, and Diet Pepsi. The company is also known for its dedication to ethical business practices, having ranked consistently as among the World's Most Ethical Companies by business ethics think tank Ethicsphere ever since the award program was initiated. PepsiCo's Global Code of Conduct plays a pivotal role in ensuring that PepsiCo's employees, managers, and directors around the world are complying with the company's high ethical standards. It provides specific guidance concerning how to make decisions, how to treat others, and how to conduct business globally, organized around four key operating principles: (1) respect in the workplace, (2) integrity in the marketplace, (3) ethics in business activities, and (4) responsibility to shareholders. Essentially, the Code of Conduct lays out a set of behavioral norms that has come to define the company's culture. Even with a strong ethical culture, implementing a code of conduct across a global organization of over 250,000 employees is challenging. To assist, PepsiCo set up a Global Compliance & Ethics Department with primary responsibility for promoting, monitoring, and enforcing the code. Employees at all levels are required to participate in annual Code of Conduct training, through online courses as well as in-person, manager-led workshops. Compliance training also takes place in a more targeted fashion, based on role and geography, concerning such issues as bribery. Other types of communications throughout the year, such as internal newsletter articles and messaging from the leadership, reinforce the annual training. Lipton Lipton 7 pepsi MIRIM peps Omonticello/Shutterstock Employees are encouraged to seek guidance when faced with an ethical dilemma. They are also encouraged to raise concerns and are obligated to report any Code violations. A variety of channels have been set up for them to do this, including a hotline operated by an independent third party. All reports of suspected violations are reviewed in accordance with company policies designed to foster consistency of the investigative process and corrective actions (which may include termination of employment). PepsiCo has also established an annual peer-nominated Ethical Leadership Award designed to recognize instances of exceptional ethical conduct by employees. The leadership at PepsiCo believes that their commitment to ethical principles has helped the company in attracting and retaining the best people. Indeed, PepsiCo has been listed as among the Top Attractors of talent globally. In addition, the company has regularly been listed as among the World's Most Respected Companies (Barron) and the World's Most Admired Companies (Fortune). Sources: Company website; https://ethisphere.com/pepsico-performance-purposel